You Might Want to Spread Out Your Severance Pay
While it’s always challenging to lose your job, the severance package offered by your employer can soften the blow. However, before accepting a lump sum severance payment, it’s worth considering…
Take Advantage of These Tax Tips to Pay for College
Typically when you hear “distribution planning,” you think of retirement. However, the tax planning that goes into retirement planning can be applied to other major expenses; namely, paying for college.…
This Tool Reveals How Far You Can Travel on Your Tax Refund
Photo: Sergey Furtaev (Shutterstock) As of the week leading up to Tax Day, the IRS had paid out nearly 76 million refunds, with the average refund totaling $2,840. While it…
Why Your Tax Refund Wasn’t As Big This Year
As a taxpayer, you get a federal refund whenever it turns you overpaid taxes throughout the year or had withheld from your paychecks more than what you ultimately owe. If…
How to Check If the Government Owes You Stimulus Money From 2022
Last year over 50 million Americans received some form of stimulus check from their states. While these payment amounts weren’t as large as the federal stimulus checks for 2021 pandemic…
Ten Red Flags That You’re Not Really Talking to the IRS
As Americans scramble to file their 2022 taxes by today’s deadline, the IRS has released its “Dirty Dozen” list of the most pressing scams to watch out for this tax…
How Long to Keep Every Important Financial Document
I used to laugh when I received an official document that told me to “save a copy for your records.” My “records” were a pile in the living room that…
Don’t Forget the New Federal Tax Deadline This Year
Photo: Tama2u (Shutterstock) According to a recent survey from Empower, only 44% of Americans know when the deadline is for filing your 2022 taxes, so let me set the record…
Relief For Individuals With Income Marginally Over Rs 7 Lakh
The Finance Bill 2023 has proposed a marginal relief to taxpayers under new tax regime. (File)New Delhi: In a relief to taxpayers opting for new tax regime, individuals earning marginally…
You’re Probably Eligible to File Your Taxes for Free
Photo: Ground Picture (Shutterstock) As if paying your taxes wasn’t painful enough, paying to file your taxes adds insult to injury. How much you pay for tax preparation depends on…